News

World Bank to continue supporting Sri Lanka

World Bank Vice President for South Asia Region, Hartwig Schafer said that the World Bank will increase assistance to Sri Lanka under three of its new operations.

They include assisting the agriculture sector faced with climatic vagaries, irrigation, renewable energy, climate resilience operations and renovation of tanks in rural areas.

Mr Schafer said this when he called on President Maithripala Sirisena at the President’s Office today (18) the President’s Media Division had stated.

Referring to the Easter Sunday terror attack and its impact on economy, he said that the World Bank would provide monetary assistance to reduce the budget gap so that Sri Lanka could continue global borrowings with a sound economic footing.